Balance Sheet Template Example

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balance

As noun

a state of equilibrium or equipoise; equal distribution of weight, amount, etc

a state of bodily equilibrium:He lost his balance and fell down the stairs

an instrument for determining weight, typically by the equilibrium of a bar with a fulcrum at the center, from each end of which is suspended a scale or pan, one holding an object of known weight, and the other holding the object to be weighed

the remainder or rest:He carried what he could and left the balance for his brother to bring

the power or ability to decide an outcome by throwing one's strength, influence, support, or the like, to one side or the other

(in winemaking) the degree to which all the attributes of a wine are in harmony, with none either too prominent or deficient

Accounting

equality between the totals of the two sides of an account

the difference between the debit total and the credit total of an account

unpaid difference represented by the excess of debits over credits

an adjustment of accounts

the act of balancing; comparison as to weight, amount, importance, etc

; estimate

preponderating weight:The balance of the blame is on your side

Fine Arts

composition or placement of elements of design, as figures, forms, or colors, in such a manner as to produce an aesthetically pleasing or harmoniously integrated whole

Dance

a balancing movement

Also called balance wheel

Horology

a wheel that oscillates against the tension of a hairspring to regulate the beats of a watch or clock

(initial capital letter) Astronomy, Astrology

the constellation or sign of Libra; Scales

Audio

(in a stereophonic sound system) the comparative loudness of two speakers, usually set by a control (balance control) on the amplifier or receiver

As verb (used with object), balanced, balancing

to bring to or hold in equilibrium; poise:to balance a book on one's head

to arrange, adjust, or proportion the parts of symmetrically

to be equal or proportionate to:I'm always happy when cash on hand balances expected expenses

One side of an equation must balance the other

Accounting

to add up the two sides of (an account) and determine the difference

to make the necessary entries in (an account) so that the sums of the two sides will be equal

to settle by paying what remains due on an account; equalize or adjust

to weigh in a balance

to estimate the relative weight or importance of; compare:to balance all the probabilities of a situation

to serve as a counterpoise to; counterbalance; offset:The advantages more than balance the disadvantages

Dance

to move in rhythm to and from:to balance one's partner

As verb (used without object), balanced, balancing

to have an equality or equivalence in weight, parts, etc

; be in equilibrium:The account doesn't balance

Do these scales balance?

Accounting

to reckon or adjust accounts

to waver or hesitate:He would balance and temporize endlessly before reaching a decision

Dance

to move forward and backward or in opposite directions

As Idioms

in the balance, with the outcome in doubt or suspense:While the jury deliberated, his fate rested in the balance

on balance, considering all aspects:On balance, the new product is doing well

sheet

As noun

a large rectangular piece of cotton, linen, or other material used as an article of bedding, commonly spread in pairs so that one is immediately above and the other immediately below the sleeper

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